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This 2013 Article IV Consultation highlights that the Turkish economy achieved a welcome reduction of imbalances in 2012. In 2013, growth has accelerated significantly on the back of a monetary and fiscal policy stimulus. The economy is projected to expand by 3.8 percent this year, with private...
Persistent link: https://www.econbiz.de/10011244217
Turkey. The main finding is that there is absolute convergence in productivities across the provinces of Turkey. The …
Persistent link: https://www.econbiz.de/10005207719
This report for the 2012 Article IV Consultation with Turkey discusses the macroeconomic conditions after the 2008 …
Persistent link: https://www.econbiz.de/10011243576
Turkey’s current account deficit widened to almost 10% of GDP in 2011 and has been narrowing only gradually since. An … important question is to what extent Turkey’s current account deficit is excessive. To explore this issue, one needs to … deficit levels. This Working Paper relates to the 2012 OECD Economic Survey of Turkey (www.oecd.org/eco/surveys/turkey …
Persistent link: https://www.econbiz.de/10011276873
Turkey recovered swiftly from the global financial crisis but sizeable macroeconomic imbalances arose in the process …
Persistent link: https://www.econbiz.de/10011277023
Effective macroeconomic and structural policies helped Turkey bounce back quickly and strongly from the global crisis … healthier funding of the external gap. This Working Paper relates to the 2012 OECD Economic Survey of Turkey (www.oecd.org/eco/surveys/turkey … la Turquie, 2012 (www.oecd.org/eco/surveys/turkey). …
Persistent link: https://www.econbiz.de/10011277032
In this paper, we argue that foreign direct investment (FDI) flows can have an effect on current account through three different channels: exports, imports, and profit remittances. By identifying the response differentials of these variables to a change in FDI flows employing a Vector...
Persistent link: https://www.econbiz.de/10010668606
The Hudson-Jorgenson Energy/Economic Model - formally known as the Long Term Interindustry Transactions Model (LITM) - is an econometric model of the structure of the US economy. LITM integrates two separate models into one integrated system. These models are the Macroeconomic Model, a growth...
Persistent link: https://www.econbiz.de/10009435835
The Department of Energy's (DOE) Small Business Program is characterized by its diligent involvement in the procurement process to enhance participation by small businesses, small disadvantaged businesses, labor surplus area firms, and women-owned businesses. The DOE's primary means of securing...
Persistent link: https://www.econbiz.de/10009435994
In this study we show that the inflation rate and the current account behaved according to historical regularities, once the international crisis hit Romania in the second half of 2008. Inflation has decreased relatively fast for a long period of time, and the current account deficit has reduced...
Persistent link: https://www.econbiz.de/10010965610